Celebrity Fashions Faces Financial Struggles Amidst Market Challenges and High Debt Levels
Celebrity Fashions, a microcap textile company, has reached a new 52-week low amid a challenging year, marked by a 28.35% decline. The company faces significant financial difficulties, including operating losses, a high debt-to-equity ratio, and disappointing sales results, while a large portion of promoter shares are pledged.
Celebrity Fashions, a microcap player in the textile industry, has seen significant activity today, hitting a new 52-week low of Rs. 10.1. This decline comes after the stock has struggled over the past year, with a performance drop of 28.35%, contrasting sharply with the Sensex's gain of 2.78% during the same period. Despite today's performance, where Celebrity Fashions outperformed its sector by 4.75%, the stock remains technically bearish, trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The company has reported operating losses and a concerning debt-to-equity ratio of 15.33 times, indicating high financial risk.
Recent financial results have been disappointing, with net sales falling by 36.9% compared to the previous quarter's average and a negative return on capital employed of -7.64%. Additionally, 77.62% of promoter shares are pledged, which could exert further downward pressure on the stock. Overall, Celebrity Fashions continues to face challenges in a competitive market landscape.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
